Property profile

0 Gum Rd Tallahassee, FL 32304

OFF-MARKET
Land
6 ac lot
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Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to acquire 6 acres of vacant industrial land in Tallahassee, Florida. The property, located on Gum Road, consists of two contiguous parcels totaling six acres. Parcel sizes are 2.29 acres and 3.71 acres (Note: Listing previously stated 3.2 acres for one parcel, a discrepancy is present in the original data). Both parcels are zoned for industrial use and are not located within a subdivision, offering flexibility for development. The property's convenient location in Leon County, with a Tallahassee address and zip code 32304, provides easy access to major transportation routes and the city's amenities. The property's Assessed Parcel Number (APN) is 213120219000. This is an ideal site for various industrial uses, including warehousing, manufacturing, or distribution centers. The absence of existing structures allows for complete customization to meet specific business needs. Given its size and zoning, this property represents a significant investment opportunity in a growing market. Serious inquiries are encouraged to explore the potential of this valuable industrial land. The latitude and longitude coordinates are 30.4475023 and -84.36637 respectively. This information is based on the provided data; interested parties are advised to conduct their own due diligence.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Gum Rd Tallahassee, FL 32304
Tallahassee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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